Ripple Boosts Institutional Use with Ripple Mint and Notabene Partnership

Ripple has launched Ripple Mint and made a strategic investment in compliance firm Notabene as part of its efforts to expand institutional use of Ripple USD (RLUSD). Ripple Mint gives institutions tools to mint, redeem, bridge, and monitor RLUSD across supported networks.

Notabene will add RLUSD to its compliance network serving institutions across more than 100 jurisdictions. The company's platform focuses on identity checks, counterparty information, and transaction approval before funds move, helping financial firms apply Travel Rule and internal compliance controls to stablecoin payments.

Ripple has also widened RLUSD access beyond the XRP Ledger and Ethereum through Wormhole's Native Token Transfers framework, which connects to more than 40 supported networks. The monthly transfer volume of RLUSD fell 25% to about $10.95 billion in July.